Business groups welcome govt’s vital financing boost for MSMEs


MEF president Datuk Dr Syed Hussain Syed Husman. — AZLINA ABDULLAH/The Star

PETALING JAYA: Industry players have welcomed the Entrepreneur and Cooperatives Development Ministry’s financing initiative to support micro, small and medium enterprises (MSMEs).

Malaysian Employers Federation (MEF) president Datuk Dr Syed Hussain Syed Husman said the launch of the Bank Rakyat Prosper-i and SME Bank Success financing programmes were timely and well-targeted in addressing persistent financing constraints faced by MSMEs.

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